Shareholders have every right to be p'd with management. Lets...

Shareholders have every right to be p'd with management. Lets review the tape. Directors sold 12 million of their unlisted options to various funds at $3 a pop, said funds then converted the options. The directors scored big time on the deal. Said funds bought the top and soon got redemptions and caused the price to crash. The directors sensed an opportunity for the $36mil they scored last time and want to buy cheap stock, except there's not much stock available on the market and the best way to make stock available is by printing 'em by the bucketloads.

I for one will be voting against directors participating in the cap raising. If they want shares and believe in the future of the company, then why the hell did they sell in the first place? Confidence, Schmofidence, load of crap if you ask me, take a dollar... give back a cent. It's bloody sad when the MD of a "gold mining" company is better at share trading then running a mine...